Check out some available loans that are similar to this one!
Magaly Lucia
The communal bank La Sequita holds its meetings at the Sequita Parish which belongs to Montecristi in the Manabita Canton. It is a place full of hard-working, dedicated people who are proud of their origins. La Sequita is a parish whose population is made up of honest people who only know how to work and care for their families.

This is where Magali, 23, lives. She and her common-law husband have a two-year-old son. Her husband is a furniture maker.

Magali is a good wife who is taking out the loan for her husband's business. He has a furniture workshop at home and makes a wide variety of wood products such as beds, furniture, doors, drawers, shelving, and many other items. He works on an order basis for people who visit the shop. His daily working hours are 8:00 a.m. to 4:00 p.m., and sometimes later when he has a lot of work.

This loan will be used to buy wood, paint, glue and other materials for his products. Magali has been in the communal bank for two years and is thankful for the loans allowing her to help her husband, thereby contributing to the household.

Her dream is to have her own home, since she lives with her parents-in-law.
View original language description ↓
El Banco Comunal La Sequita se reúne en La parroquia Sequita, pertenece a Montecristi prospero cantón manabita, lleno de gente trabajadora dedicada y orgullosa de sus raíces, La Sequita es una parroquia donde sus habitantes son gente honesta que solo saben trabajar y dedicarse a sus familias.

En este lugar vive la señora Magali, tiene 23 años de edad y mantiene una relación de unión libre de la cual tiene un hijo de 2 años de edad. El marido es ebanista.

La señora Magaly es una muy buena esposa que realiza el crédito para ayudar a su esposo en su trabajo, él tiene un taller de ebanistería en su casa en el cual realiza una gran variedad de productos con la madera como por ejemplo: camas, muebles, puertas, cajoneras, anaqueles entre otras muchas obras, trabajan a base de encargos de personas que llegan hasta su establecimiento para que les realice sus obras. Trabaja todos los días desde las 8h00 hasta las 16h00 y cuando tiene mucho trabajo para entregar hasta más tarde.

Este crédito es para comprar madera, pinturas, selladores entre otros materiales que se necesitan para fabricar sus obras. Lleva más de dos años en el Banco Comunal y le agrada porque con los créditos puede ayudar a su esposo y contribuir al hogar.

Su sueño es tener su casa propia ya que vive en casa de los suegros.




About Ecuador

  • $10,200
    Average annual income
  • 28
    View loans »
    Ecuador Loans Fundraising
  • $22,871,500
    Funds lent in using Kiva
  • US Dollars
    Loan transacted in USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Magaly Lucia to buy wood, paint, glue and other materials.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Jan 1, 2013
Currency Exchange Loss:
N/A
Ended:
May 17, 2013